Nabil


Status: Paying Back

$3,000.00   Loan Amount
58% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Nabil
Location: Aley - Chouf, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $3,000.00
Loan Use: To purchase tools and spare parts for cars.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 7, 2009
Date Disbursed: Mar 23, 2009
Date Funded:Apr 19, 2009

About the Country

Country:Lebanon
Avg Annual Income:$5,900.00
Currency:United States Dollars (USD)



Nabil is a 47 year old man who lives in Aley, Mount Lebanon with his wife and their four children. Nabil has been working as a car repairer for twenty six years. He paints cars as well and he sells spare parts for cars. He requested a loan of 3000 US dollars from Al Majmoua in order to purchase tools and spare parts for cars. This is his third loan cycle and he has always paid on time.


His previous loans helped him improve his work as well as his financial situation. His clients can be anybody from his region. When he first started his business, he had to face the competitive prices. He decided on doing his business because of his experience. In the future, he plans on expanding his business.


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Journal entries for Nabil


Loan has been disbursed
 
Entrepreneur: Nabil
Location: Aley - Chouf, Lebanon

Thank you for your loan. It has been disbursed to Nabil by Al Majmoua Lebanese Association for Development, a partner of Save the Children in Lebanon. We are excited to watch this business grow. Over the 12 months of this loan, Al Majmoua Lebanese Association for Development, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Aley - Chouf, Lebanon
Apr 20, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nabil

  Expected Repayments Actual Repayments Comments
June 2009 $250.00 $250.00 Repayment Received
July 2009 $250.00 $250.00 Repayment Received
August 2009 $250.00 $250.00 Repayment Received
September 2009 $250.00 $250.00 Repayment Received
October 2009 $250.00 $250.00 Repayment Received
November 2009 $250.00 $250.00 Repayment Received
December 2009 $250.00 $250.00 Repayment Received
January 2010 $250.00 Available Jan 1  
February 2010 $250.00 Available Feb 1  
March 2010 $250.00 Available Mar 1  
April 2010 $250.00 Available Apr 1  
May 2010 $250.00 Available May 1